Nanjing OLO Home FurnishingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nanjing OLO Home FurnishingLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥541.7M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively. Nanjing OLO Home FurnishingLtd's EBIT is CN¥163.4M making its interest coverage ratio 153.2. It has cash and short-term investments of CN¥537.5M.
Key information
45.9%
Debt to equity ratio
CN¥541.74m
Debt
Interest coverage ratio | 153.2x |
Cash | CN¥537.48m |
Equity | CN¥1.18b |
Total liabilities | CN¥1.19b |
Total assets | CN¥2.37b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Nanjing OLO Home FurnishingLtd's (SHSE:603326) Earnings
Apr 26Nanjing OLO Home Furnishing Co.,Ltd (SHSE:603326) Soars 28% But It's A Story Of Risk Vs Reward
Mar 08Nanjing OLO Home FurnishingLtd (SHSE:603326) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Financial Position Analysis
Short Term Liabilities: 603326's short term assets (CN¥982.8M) exceed its short term liabilities (CN¥828.7M).
Long Term Liabilities: 603326's short term assets (CN¥982.8M) exceed its long term liabilities (CN¥358.6M).
Debt to Equity History and Analysis
Debt Level: 603326's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 603326's debt to equity ratio has increased from 0% to 45.9% over the past 5 years.
Debt Coverage: 603326's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 603326's interest payments on its debt are well covered by EBIT (153.2x coverage).